Adorable Pudgy Penguins’ PENGU is now on PDAX 🐧

Cute, relatable, and everything nice – these were the ingredients chosen to create the perfect little penguin token – PENGU.

Pudgy Penguins – one of the Ethereum blockchain’s largest NFT collections – launched its own native token on the Solana blockchain called PENGU in a bid to expand its community and reach new users.

https://www.instagram.com/reel/Cq6zLNoprYS/

PENGU Tokenomics

The token was first launched on Solana last December, and it will eventually expand to Ethereum and Abstract – the consumer-focused Ethereum layer-2 scaling network being created by Igloo Inc.

It has a total supply of 88.88 billion PENGU tokens with 25.9% allocated to members of the Pudgy Penguins ecosystem through an airdrop.

The highest price paid for Pudgy Penguins (PENGU) is $0.06845, recorded on December 17, 2024. Meanwhile, the current price is at $0.01078 and is ranked #128 in terms of market cap as of writing.

https://twitter.com/pudgypenguins/status/1864852000707420574

Pudgy Penguins lore

Pudgy Penguins has cemented itself in the hearts and minds of everyday people and culture after amassing 50 billion views on social media, and selling its toys in over 10,000 Walmart and Target stores in the U.S.

Pudgy Penguins first launched as an Ethereum-based NFT collection of 8,888 cute, chubby penguins in July 2021. As a hyped NFT project during the bull run of 2021, it sold out shortly after its launch for a price of 0.03 ETH ($90 at the time) and secondary market prices skyrocketed, according to data from NFT Price Floor. As of writing, it has a 10.59 ETH ($29,087) floor price.

The brand quickly gained traction thanks to its strong community, viral appeal, and the NFT market frenzy at the time. Since then, Pudgy Penguins has become a long-term brand that specializes in merchandise, digital and physical collectibles, and Web3 gaming.

Ready to start with crypto? PENGU is now on PDAX. 🐧

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